The Bitcoin Future Now Runs On Wall Street Inflows, BlackRock Exec Says
BlackRock’s head of crypto, Robbie Mitchnick, says the gravitational center of Bitcoin’s market structure has shifted decisively from miner issuance to exchange-traded fund demand—and that’s why classic four-year “halving cycles” should command far less attention than they used to. In a Bankless interview released November 10, Mitchnick argued that the ETF era is now the […]
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Quick Facts: 1️⃣ Bitwise CEO Hunter Horsley believes that within the next 12 months, every Wall Street institution will be involved in crypto. 2️⃣ Massive inflows into products like Bitwise’s Solana ETF and moves by giants like JP Morgan and BlackRock prove the shift is already underway. 3️⃣ The best altcoins to buy now include […]
Ein leitender BlackRock-Manager hat Ripple für seine Rolle bei der Einführung von Blockchain in der Finanzwelt gelobt. Die XRP-Community feiert das als lange erwartete Anerkennung durch die Wall Street. Doch Experten fragen sich, ob die Worte wirklich für das ganze Unternehmen BlackRock gelten. Was viele Krypto-Fans seit Jahren hoffen, scheint nun Wirklichkeit zu werden: Die […]
The announcement is the "most bullish news" ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street. Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world's largest asset manager had launched a BTC product.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSilbert on BlackRock: "Here comes Wall Street"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spike to $24,921 on Bitstamp as United States stocks trading got underway.While going on to consolidate slightly below the....
There are now more active bitcoin users than ever before, as CEOs of both PayPal and BlackRock think about the future of finance.
A critic on Reddit believes that the recent surge in Bitcoin prices, which broke above critical resistance levels registered in July 2023 and reached 2023 highs, may be partially attributed to the United States Securities and Exchange Commission’s (SEC) potential intimidation by BlackRock’s significant influence in Wall Street. Reddit User Questions The Influence Of BlackRock On Bitcoin […]